profit from every SEK 100 of sales.
SEK 0SEK 100
HMS Networks
SEK 472.60-0.92% today
+10.4% in 1 year
1-year low SEK 385.401-year high SEK 589.50
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay SEK 54.56 for every SEK 1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What HMS Networks sold, what it kept, and what it did with the cash.
Sales went from SEK 2.51 billion in 2022 to SEK 3.58 billion in 2025, with SEK 435 million of profit last year.
SalesProfit
HMS Networks handed back 1% of the cash it generated last year.
SEK 4M
Free cash flow 2025SEK 744M
Bought back its own sharesSEK 0
Paid as dividendsSEK 4M
Cash vs. debtSEK 89M vs. SEK 2.3B
HMS Networks vs. similar companies
HMS Networks grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from SEK 100 of sales | Sales growth a year | Price per SEK 1 of profit |
|---|---|---|---|
| HMS Networks | 54.6× · Expensive | ||
 Cisco | 28.4× · Fair price | ||
 Foxconn Industrial Internet | 22.6× · Fair price | ||
 Motorola Solutions | 40.8× · Expensive | ||
 Zhongji Innolight | 50.9× · Expensive |
AI analysis
An AI analyst reads HMS Networks's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 2,506 | 3,025 | 3,059 | 3,577 | |
| 1,577 | 1,967 | 1,916 | 2,253 | |
| 645 | 782 | 580 | 790 | |
| 737 | 855 | 703 | 1,042 | |
| 508 | 571 | 310 | 435 | |
| 10.85 | 12.19 | 6.34 | 8.65 | |
| 62.9% | 65.0% | 62.6% | 63.0% | |
| 25.7% | 25.8% | 18.9% | 22.1% | |
| 20.3% | 18.9% | 10.1% | 12.2% |
Balance sheet
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 2,730 | 3,011 | 7,498 | 6,600 |
| Cash | 144 | 124 | 74 | 89 |
| Total debt | 301 | 267 | 3,155 | 2,259 |
| Total liabilities | 1,120 | 1,078 | 3,993 | 3,123 |
| 1,610 | 1,933 | 3,504 | 3,476 | |
| 47 | 47 | 49 | 50 | |
| 26.2% | 26.3% | 5.8% | 10.7% | |
| 31.5% | 29.5% | 8.8% | 12.5% |
Cash flow
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 431 | 519 | 592 | 877 | |
| 83 | 74 | 121 | 133 | |
| 348 | 445 | 471 | 744 | |
| Dividends paid | 140 | 187 | 225 | 4 |
| 34 | 13 | 11 | 0 | |
| 10 | 10 | -1 | 9 |
Valuation
- 54.6×
- –
- –
- 7.2×
- 6.6×
- 31.9×
- 24.9×
- 3.1%
- 1.8%
- 0.0%
Profitability
- 63.0%
- 22.1%
- 12.2%
- –
- 10.7%
- 17.2%
- –
- –
- –
- –
Growth
- +12.6%
- −7.3%
- –
- –
- +2.4%
Financial health
- 2.1×
- 0.65
- –
- 6.3×
- 1.56
- –
- –
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 36%of 977
Top 14%of 977
Bottom 24%of 748
Top 39%of 982
Top 41%of 984
0.0%of the share price, paid each year
On $1,000 invested$0a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
1.0% of its profit
Room to growStretchedMore than it earns: 0.6%
News
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Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
53No pass
Benjamin Graham
38No pass
Philip Fisher
49No pass
Peter Lynch
38No pass
Joel Greenblatt
12No pass
Charlie Munger
50No pass
Terry Smith
52No pass
Questions about HMS Networks
Is HMS Networks a good stock to buy?
A solid business, but the price is high. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the HMS Networks AI analysis
What does HMS Networks do?
HMS Networks AB (publ) provides industrial information and communication technology solutions worldwide. It is in Communication Equipment, based in Halmstad, Sweden, with 1,100 employees.
Does HMS Networks pay a dividend?
Yes. At today's price the dividend is 0.0% a year, about 1% of its yearly profit. In 2025 it paid out SEK 4.46 million in dividends.
Is HMS Networks stock halal?
Yes. HMS Networks passes our halal screen: its business is permitted and its debt is 10% of its market value, under the 30% limit. How we check
How has HMS Networks stock done over the past year?
Up 10.4% over the past twelve months, to SEK 472.60. It traded between SEK 385.40 and SEK 589.50 and is 19.8% below its high.
Who are HMS Networks's competitors?
The largest listed companies in the same industry are Cisco, Foxconn Industrial Internet, Motorola Solutions and Zhongji Innolight. The peers table on this page compares their profit, growth and price with HMS Networks's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.